2911 Cypress St, Hemet, California 92545, Hemet, 92545 - 3 bed, 2 bath
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Hemet, California 92545
This Updated Turnkey Residence is a High-Potential Investment Opportunity, listed at $450,000—positioned well below the $518,114 Fair Market Value by 13%. This valuation gap provides $68,114 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features fully paid solar, a brand-new AC, and quartz countertops. With a spacious 2,000 sqft layout and hills and valley views within the Hemet Unified district, it offers immediate lifestyle luxury with long-term efficiency. This is a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2911 Cypress St Subject | $489,999* List Price | 3 | 2 | 2,000 | $262 | - |
A 3061 Hampton Sold | $480,000 | 5 | 2 | 1,678 | $286 | 0.2 mi |
B 2823 Kingsbury Sold | $440,000 | 3 | 2 | 1,572 | $280 | 0.1 mi |
C 3147 Wimbledon Pending | $465,000 List Price | 3 | 2 | 1,856 | $251 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1989, the property has undergone an extensive recent renovation within the last year, meeting the criteria for excellent condition. The interior features new luxury vinyl plank flooring, fresh paint, and a modernized kitchen with quartz countertops and stainless steel appliances. Major system upgrades including a brand-new AC unit, fully paid solar panels, and a state-of-the-art COOLWALL exterior coating ensure the home meets modern quality standards with no deferred maintenance.
The property features a fully paid-off solar system at closing, a brand-new AC unit, and advanced COOLWALL exterior coating, providing significant long-term utility savings and fire resistance.
Extensively updated with new luxury vinyl flooring, fresh paint, and quartz countertops, the home offers a contemporary, move-in-ready aesthetic that appeals to modern buyers.
With 2,000 square feet of living space including two separate living rooms and an attached bonus room, the floor plan provides exceptional flexibility for families or home offices.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1708.
The 5,663 square foot lot is relatively compact for a home of this size, which may restrict outdoor recreational space or large-scale landscaping projects.
Built in 1989, while many surfaces are beautifully updated, some original core systems and structural elements are nearing the end of their typical lifecycle and may require future attention.
SOLAR WILL BE FULLY PAID AT CLOSE! BRAND NEW AC! Welcome to your new home in the heart of Hemet. This gorgeous home has been updated beautifully both inside and out! New luxury vinyl floors and paint throughout the home, with two separate living rooms, a dining area, and an attached bonus room, greet you as you walk in. The kitchen is brightly lit with ample natural light and quartz countertops. A beautiful breakfast nook sits just off to the side beside a bay window that looks into the backyard. The Fireplace in the family room has been updated with light refracting stones that shimmer when lit, adding ambiance to any cozy setting. Spare bedrooms are spacious, and each has its own closet with floor-to-ceiling mirrors. The master bedroom boasts two separate closets, a soaking tub, a standing shower, and a vanity with two separate sinks! The exterior of the home was updated last year and coated in state-of-the-art Tex-Cote and COOLWALL. This is a fire-resistant coating that not only protects the home but also keeps the exterior cool with infrared heat reflecting technology. The trim on the home has also been updated and is coated in Tex-Cote. The updates go on and on! Skip reading the rest of this and schedule your appointment to take a look today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,000 | 1,809 | 63% |
| Lot Size | 5,663 | 6,098 | 39% |
| Price | $490.0K | $455.0K | 67% |
| Price per sq ft | $245 | $247 | 49% |
| Built year | 1989 | 2000 | 33% |
| HOA | $0 | $43 | 46% |
| Days on market | 43 | 180 | 2% |
Mar 13, 2026
$489,999
$450,000
+9% Price Increase
Initial Listing
Mar 10, 2026
$450,000
Initial Listing
Feb 8, 2018
$290,000
Public Record
Sep 29, 2017
$218,000
Public Record
Jun 18, 2004
$272,000
Public Record